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Doug HutchinsKentwood Real Estate303-886-3437

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Doug Hutchins

Kentwood Real Estate

Doug Hutchins and his team specialize in providing extraordinary service to their real estate clients.  Their extraordinary service has been recognized for 13 straight years (2010-2022) by Five Star Professionals.  Five Star Professionals surveys home buyers and sellers in the metro Denver market each year to understand which real estate professionals provide the highest level of customer service.  The top 5% each year are named Five Star Agents.  There are more than 27,000 licensed agents in metro Denver, but only 78 have won this award 13 straight years. Most recently, Doug and his team have been recognized by the renowned RealTrends. RealTrends is a distinguised publishing and communications company considered to be a leading source of analysis and information of the residential real estate industry. In 2021, Real Trends recognized the top 1.5% of 1.4 million U.S. Professionals and The Doug Hutchins Team made it on that honorable list.
 
Doug was also named a RIS Media 2019 Newsmaker for his work with his favorite charity, Hope’s Promise.  In 2019, RIS Media selected 220 agents across the U.S. out of over 1,000,000 real estate professionals for their contributions to the real estate industry and their community.
 
Doug started his real estate career in 2003 as a sole agent, handling all aspects of the business on his own.  In 2007, he started building his real estate team by hiring Leslie Monaco to help ensure he could provide his clients superior service.  Leslie obtained her real estate license while she was still in high school and worked part time during high school and college as an assistant in the industry.  Doug hired her as his licensed assistant & buyer’s agent.  In 2009, Doug and Leslie moved to the prestigious Kentwood Company. Leslie, her husband and five children live in Morrison. 
 
In 2021, Doug hired Claudia Meza as his transaction coordinator. Claudia, a former flight attendant and Disney intern, brings years of hospitality and customer service experience to The Doug Hutchins Team. Claudia is fueled by her passion for understanding the nuances of real estate and client interaction. She is eager to learn and stay in tune with the latest real estate strategies. Claudia will soon be Doug's Buyers Agent in addition to holding the transaction coordinator position. When they're not traveling around the world, you can find Claudia and her boyfriend in Lone Tree. 


 

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Market Updates

 

The year over year changes are starting to show substantial changes from 2022, but these drastic differences have been expected because of the unusual nature of the first half of 2022. The real estate market is proving to be very resilient with home prices staying relatively flat over the past 7 months and inventory continuing to stay low compared to historical standards. The average home price of $719,683 was down slightly from February 2022, but was actually up from $687,635 in January. There is always slight variation from month to month, but the February price was not substantially different than the $739,357 average price in August 2022. Prices peaked at $819,611 in April of 2022 but fell quickly in May, June and July. Homes available for sale are up substantially from February 2022, but the 2,522 homes available for sale at the end of February is still 25.3% below the 5 year pre-COVID average (2015-19) of 3,375 homes available for sale at the end of February. Inventory continues to remain low because fewer home owners are listing their homes for sale. The 2,209 homes listed for sale in February 2023 were 26.4% below the 5 year pre-COVID average of 3,003 homes listed for sale in February. The low inventory levels will continue to support current home prices for the foreseeable future.

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